LVMH Plans Their Next Buyout

Someone’s got money to burn!
LVMH is looking to add another brand to their already massive arsenal.
After the luxury group acquired Bulgari this week, Burberry‘s stock rose 4%, which left analysts speculating that a buyout is looming.
But they probably won’t go down without a fight because rivals PPR have wanted to buy the trench coat company for some time.
Only time will tell.
[Image via AP Images.]